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Consider the following 2019 data for three manufacturing firms ( $ in millions): a. Compute the operating-cash-flow-to-capital-expenditures ratio for each firm for 2019. b. Compute

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Consider the following 2019 data for three manufacturing firms ( $ in millions): a. Compute the operating-cash-flow-to-capital-expenditures ratio for each firm for 2019. b. Compute the free cash flow for each firm for 2019 . c. Comment on the results of your computations. At the end of 2019. LoMo Manufacturing reported the following amounts on its balance sheet: Arswer each of the following independent questions: a. Assume that LoMo's stockholders' equity on January 1,2019 was $396,000. LoMo did not issue common stock during the year, but it paid $54,000 cash in dividends. How much is LoMo's net income or loss for 2019 ? b. Assume that LoMo's stockholders' equity on January 1, 2019 was $354,000, and that LoMo issued additional common stock of $105,000 and paid $90,000 in cash dividends before the end of 2019 . What was LoMo's net income or net loss for 2019 ? The following accounts, in alphabetical order, are from the general ledger of Oma Bean's Advice Service, Inc. at January 31, 2019. The firm's accounting year began on January 1. All accounts have normal balances. Prepare a trial balance at January 31, 2019, from the given data. On January 18,2019, Big City Co, paid $36,000 for a two-year insurance premium that covers February 1, 2019 through January 31, 2021. Urban Pro's year-end is March 31, 2019. a. What entry is made on January 18,2019 ? b. What adjusting entry should be made on March 31, 2019 before the financial statements are prepared for the year ending March 31, 2019

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